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ActiveCondominium

300 N El Molino 316

Pasadena, CA, 91101

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$588,000

Original list price: $625,000

MLS: DW26136253

Beds

2

Baths

2

Sq Ft

982

Lot

1.21 ac

Year Built

1987

MLS #

DW26136253

Days on Market

42

Listed

Jun 23, 2026

Description

LOCATION LOCATION! Welcome home to this RARE opportunity in the highly desirable private El Molino Terrace community, located in THE HEART Of Pasadena’s sought-after Playhouse District. This beautiful top-floor end unit features 2 spacious primary suites, each complete with its own private ensuite full bathroom and generous walk-in closet space. Enjoy a private balcony overlooking the serene community pool, spa, and courtyard. The bright and inviting open-concept floor plan offers 9-foot ceilings, elegant crown molding, and a spacious living area featuring a cozy gas fireplace with direct access to the covered balcony. The modern kitchen is appointed with granite countertops, stainless steel appliances, and the convenience of an in-unit stacked washer and dryer. Additional upgrades include newer carpeting throughout, ceramic tile flooring in the kitchen, and waterproof laminate flooring in the bathrooms. UNIT also INCLUDES 2 highly desirable SIDE BY SIDE subterranean PARKING SPACES. El Molino Terrace offers resort-style amenities including a sparkling pool, jacuzzi, barbecue area, fitness center, sauna, restrooms with showers, and a convenient bike storage room and extra coded security entry, PLUS INTERNET. Ideally located just blocks from Pasadena’s popular shopping, dining, and entertainment destinations including Famous Colorado Blvd, Lake Avenue shops, The Paseo, Pasadena Playhouse, Old Pasadena, Metro Gold Line access, and the 210 Freeway. A perfect combination of comfort, convenience, and Pasadena living at its finest!

Location

Pasadena, Los Angeles County, CA 91101

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Listed by: Marilyn Martinez · Century 21 Masters

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$5,292

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $58,800 · Loan: $529,200

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$3,401
Property tax (1.25%)
$613
Homeowners insurance
$300
Mortgage insurance
$221
HOA dues
$758
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pasadena home with as little as 3.5% down using an FHA loan — roughly $20,580 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Active and pending listings in ZIP 91101 (Pasadena)within ±10% of this home's price and size.

Local Market Stats

See Pasadena, CA 91101 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.